Fact SheetEquitySPDR® ICE PreferredSecurities ETF

PSKKey Features

Fund Information
Inception Date

09/16/2009•• The SPDR ICE Preferred Securities ETF seeks to provide
investment results that, before fees and expenses, correspondgenerally to the total return performance of the ICE ExchangeListed Fixed & Adjustable Rate Preferred Securities Index(the "Index")•• Seeks to provide exposure to preferred securities that arenon-convertible, have a par amount of $25, and maintain aminimum par value of $250 million•• The Index holdings are required to be rated investment gradeby either Moody’s Investors Service, Inc. or S&P Global Ratings.

CUSIP78464A292

About This Benchmark
ICE Exchange-Listed Fixed & Adjustable Rate Preferred
Securities Index is a modified market capitalization weighted
index composed of preferred stock and securities that arefunctionally equivalent to preferred stock including, but notlimited to, depositary preferred securities, perpetual subordinateddebt and certain securities issued by banks and other financial
institutions that are eligible for capital treatment with respect tosuch instruments akin to that received for issuance of straight
preferred stock. The Index includes Preferred Securities that meetthe following criteria: (i) are non-convertible; (ii) have a par amountof $25; (iii) be listed on the NYSE or NASDAQ; (iv) must maintain aminimum par value of $250 million; (v) be U.S. dollar denominated;(vi) be rated investment grade by one of Moody's InvestorsService, Inc. or Standard & Poor's Ratings Services; (vii) be publicly
registered or exempt from registration under the Securities Act of1933; and (viii) have a minimum average monthly trading volumeof at least 250,000 trading units during the preceding six months;
and (x) have at least 18 months to final maturity at time of issuanceand a minimum remaining term to final maturity of at least one
day. The Index does not include auction rate preferred securities,
convertible preferred shares, securities with a sinking fund,shares in closed-end funds, purchase units, purchase contracts,
corporate pay-in-kind securities and derivative instruments. The
Index is rebalanced on the last calendar day of each month basedon information available up to and including the third business day
before the last business day of the month.

As of 06/30/2024

Total Return (As of 06/30/2024)
NAV(%)

Market Value(%)

Index(%)

QTD

-1.28

-1.18

-1.19

YTD

3.62

3.73

3.82

1 Year

7.62

8.12

7.98

3 Year

-2.90

-2.84

-2.66

5 Year

0.84

0.84

1.14

10 Year

3.15

3.15

3.47

Cumulative

Annualized

Gross Expense Ratio (%)

0.45

30 Day SEC Yield (%)

5.72

Past performance is not a reliable indicator of future performance.
Investment return and principal value will fluctuate, so you may have again or loss when shares are sold. Current performance may be higher
or lower than that quoted. All results are historical and assume thereinvestment of dividends and capital gains. Visit ssga.com for mostrecent month-end performance. Performance is shown net of fees.
Performance of an index is not illustrative of any particular investment. It
is not possible to invest directly in an index. Index returns are unmanaged
and do not reflect the deduction of any fees or expenses. Index returns
reflect all items of income, gain and loss and the reinvestment of dividends
and other income as applicable.
Index Change: “Benchmark” reflects linked performance returns of both theICE Exchange-Listed Fixed & Adjustable Rate Preferred Securities Index
and the Wells Fargo Hybrid and Preferred Securities Aggregate Index. Theindex returns are reflective of the Wells Fargo Hybrid and Preferred Securities
Aggregate Index from fund inception until 05/01/2021 and of the ICE ExchangeListed Fixed & Adjustable Rate Preferred Securities Index effective 05/01/2021
to present.
Prior to 05/01/2021, the SPDR® ICE Preferred Securities ETF was known as theSPDR® Wells Fargo® Preferred Stock ETF.
Characteristics
Average Yield To Worst

5.77%

Number of Holdings

155

Not FDIC Insured. No Bank Guarantee. May Lose Value.

1Top 10 Holdings

Weight (%)

CITIGROUP CAPITAL XIII

3.68

AT+T INC

1.71

CAPITAL ONE FINANCIAL CO

1.67

WELLS FARGO + COMPANY

1.64

ALLSTATE CORP

1.41

DUKE ENERGY CORP

1.40

CAPITAL ONE FINANCIAL CO

1.32

SOUTHERN CO

1.23

US BANCORP

1.19

ATHENE HOLDING LTD

1.16

Top Sectors

Weight (%)

Financials

70.22

Utilities

11.06

Unassigned

6.33

Real Estate

4.82

Consumer Discretionary

2.92

Communication Services

2.83

Finance

1.43

Commercial Services

0.38

ssga.com
Information Classification: GeneralState Street Global Advisors
One Iron Street, Boston MA 02210
T: +1 866 787 2257
Glossary
NAV The market value of a mutual fund’s orETFs total assets, minus liabilities, divided by
the number of shares outstanding.
Market Value Determined by the midpoint
between the bid/offer prices as of the closing
time of the New York Stock Exchange (typically
4:00PM EST) on business days.
Gross Expense Ratio The fund’s total
annual operating expense ratio. It is gross ofany fee waivers or expense reimbursements.
It can be found in the fund’s most recent
prospectus.
30 Day SEC Yield (Also known asStandardized Yield) An annualized yield thatis calculated by dividing the net investment
income earned by the fund over the mostrecent 30-day period by the current maximum
offering price.
Index Average Yield to Worst The lowest
potential yield that can be received on abond without the issuer actually defaulting.
The YTW is calculated by making worstcase scenario assumptions on the issue by
calculating the return that would be receivedif the issuer uses provisions, including
prepayments. When aggregating YTW for a
portfolio level statistic, the weighted averageof the YTW and market value for eachsecurity is used.

Important Risk Information
Weights are as of the date indicated, aresubject to change, and should not be relied
upon as current thereafter.
Investing involves risk including the risk of lossof principal.
The information provided does not constituteinvestment advice and it should not be reliedon as such. It should not be considered asolicitation to buy or an offer to sell a security.
It does not take into account any investor's
particular investment objectives, strategies,
tax status or investment horizon. You shouldconsult your tax and financial advisor.
The whole or any part of this work may not be
reproduced, copied or transmitted or any of
its contents disclosed to third parties without
SSGA’s express written consent.
This communication is not intended to be aninvestment recommendation or investment
advice and should not be relied upon as such.
The Fund's investments are subject tochanges in general economic conditions,general market fluctuations and the risks
inherent in investment in securities markets.
Investment markets can be volatile and prices
of investments can change substantially due
to various factors including, but not limited
to, economic growth or recession, changes
in interest rates, changes in the actual or
perceived creditworthiness of issuers, andgeneral market liquidity. The Fund is subject
to the risk that geopolitical events will disrupt
securities markets and adversely affect global
economies and markets. Local, regional or
global events such as war, acts of terrorism,
the spread of infectious illness or otherpublic health issues, or other events could
have a significant impact on the Fund and its

investments.
Because of their narrow focus, financial
sector funds tend to be more volatile.
Preferred Securities are subordinated tobonds and other debt instruments, and will be
subject to greater credit risk. The fund may
contain interest rate risk (as interest rates
rise bond prices usually fall); the risk of issuer
default; inflation risk; and issuer call risk. The
Fund may invest in US dollar-denominatedsecurities of foreign issuers traded in theUnited States.
The Fund is classified as “diversified” underthe Investment Company Act of 1940, asamended (the “1940 Act”); however, the Fund
may become “non-diversified,” as defined
under the 1940 Act, solely as a result oftracking the Index (e.g., changes in weightingsof one or more component securities). When
the Fund is non-diversified, it may invest a
relatively high percentage of its assets in alimited number of issuers.
Passively managed funds invest bysampling the index, holding a range ofsecurities that, in the aggregate, approximates
the full Index in terms of key risk factors andother characteristics. This may cause thefund to experience tracking errors relative toperformance of the index.
While the shares of ETFs are tradable onsecondary markets, they may not readily
trade in all market conditions and may
trade at significant discounts in periods ofmarket stress.
ETFs trade like stocks, are subject toinvestment risk, fluctuate in market value andmay trade at prices above or below the ETFs
net asset value. Brokerage commissions andETF expenses will reduce returns.
Intellectual Property Information: TheS&P 500® Index is a product of S&P Dow Jones

2Indices LLC or its affiliates (“S&P DJI”) andhave been licensed for use by State Street
Global Advisors. S&P®, SPDR®, S&P 500®,US500 and the 500 are trademarks of Standard& Poor’s Financial Services LLC (“S&P”); DowJones® is a registered trademark of Dow Jones
Trademark Holdings LLC (“Dow Jones”) andhas been licensed for use by S&P Dow Jones
Indices; and these trademarks have been
licensed for use by S&P DJI and sublicensed
for certain purposes by State Street GlobalAdvisors. The fund is not sponsored, endorsed,
sold or promoted by S&P DJI, Dow Jones, S&P,
their respective affiliates, and none of suchparties make any representation regarding
the advisability of investing in such product(s)nor do they have any liability for any errors,omissions, or interruptions of these indices.
Distributor State Street Global Advisors
Funds Distributors, LLC, member FINRA, SIPC,
an indirect wholly owned subsidiary of State
Street Corporation. References to State Street
may include State Street Corporation and itsaffiliates. Certain State Street affiliates provide
services and receive fees from the SPDR ETFs.

Before investing, consider thefunds’ investment objectives, risks,charges and expenses. To obtain aprospectus or summary prospectus
which contains this and otherinformation, call 1-866-787-2257 orvisit ssga.com. Read it carefully.
2024 State Street Corporation.
All Rights Reserved.
Tracking Number: 5936435.2.4.AM.RTL
Expiration Date: 10/31/2024
ETF-PSK 20240715/10:47©